The Most 'Hands-Free', Passive Income Stream...

I think YouTube as a traffic source to your website with an affiliate offer, and Amazon Kindle books are two great examples of this. You literally set it up and it runs for you like a machine 24/7, requiring little to 0 attention from you

Edit: You could also combine the YouTube affiliate method with list building instead, and have a whole email sequence set up to sell them on several products in the niche. Just drive the traffic from YouTube to a squeeze page instead.

Building an authority site, lots and lots of articles, just add one a day, after a few years you have a very nice income, at very low level of work a day.

As stated above, there are many ways to really have "passive" income. Of course, you have to write the book, build the site, and create the videos, but once everything is in place, it can then be truly passive.

I think that spending your time on anything requires it to be a long lasting payback. Meaning, once you are done with the work, it needs to pay you, without going back to it again from that point forward.

So, I think creating a product in a popular niche is the best. Whether it is a Kindle book, something you sell on CB, once it's done, you can leverage the efforts of everyone else that will want to promote it. It's also the best way to get free traffic.

I purchased a product years ago that taught me that creating your own product is the best way to not only earn passive income, but consistent traffic. You just have to make sure its in a popular niche, has a unique twist (like every "new" weight loss/diet/exercise product that comes out every year) and give your potential affiliates the right tools to use.

I have been doing internet marketing and web development for 3 years and haven't made any passive income online.

All of the revenue i have received is from putting in work with services, websites with great content, or reselling products.

The more effort and time you put into things the more you will receive.

You need to have a product (or package of products), a sales funnel, a follow-up system and a traffic source or multiple traffic source. You drive traffic to the first page of your sales funnel which is your squeeze page/capture page. On this page, you need to have a form that captures the emails of your leads, and then follow up with these leads telling them about your product. They buy the product and then you repeat these steps.

I am doing this with a system called Profit Pilot Pro. It includes a capture page, an autoresponder with built-in follow up emails and it drives the traffic to your capture page using a lead rotator system.

EDIT: The actual product besides the lead rotator system is a package of PLR products, ebooks, software and training videos that you can sell however you want, even on your own website. PLR products are selling like crazy right now because everybody who wants to make money online needs a product to sell.

Best regards,
Mike

I would say web hosting affiliate programs. I would say porn, but alot of people download the videos off the site, store them on their gigabit hard drive, then cancel the membership lol.

List building and email marketing is fairly hands off once you set it up with say an autoresponder series.

Also adsense sites can be fairly low maintenance once you set them up correctly.

Just as in the natural world energy cannot be created or destroyed,
so in marketing you either do all the work at the beginning or spread
over a long time, but the work has to be done. All those passive
forms of income takes work at the beginning.

-Ray Edwards

Authority site is probably the most hands-free. After it genuinely becomes an authority, that is. Once a site is large enough, everything else should be able to outsource, including maintenance.

It should be built as a real business. Just think of people in the 'real' world who own multiple businesses. I guess it is the same concept except online?